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Sioux City Times

Sunday, September 29, 2024

HHS provides $8.5 million to businesses in Cherokee under CARES Act

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Through the fourth quarter of 2020, businesses in Cherokee received $8.5 million in health-related relief from the CARES Act issued by the Department of Health and Human Services.

According to numbers reported through the fourth quarter of 2020, businesses in Iowa received $1.1 billion in health-related relief from the CARES Act issued by the Department of Health and Human Services. The largest recipient of funding in the state was State University of Iowa with a total of $62.3 million. The average loan size in the city was $528,467 while the state's average loan amount was $293,046.

Of the money distributed, $30 billion went out automatically to health providers based on previous year medicare payments. If the money wasn't returned within 90 days the provider is then automatically entered into the repayment terms that are issued by HHS. With the money going out automatically and the rules constantly changing, some of the businesses that received the money weren't eligible to receive it once the final rules were sent out.

According to the Department of Health and Human Services, this information represents the list of providers that received a payment from the General Distribution, High Impact Targeted Allocation, Safety Net Hospitals, Non-Medicare, Rural Targeted Allocation and/or the Skilled Nursing Facility Targeted Allocation of the Provider Relief Fund and who have attested to receiving one or more payments and agreed to the Terms and Conditions as of July 8, 2020.

All PPP loan recipients
RankBusinessDollar Amount Received
1Sioux Valley Memorial Hospital Association$4,407,819
2Human Services-Cherokee$2,190,652
3Mercy Medical Services$1,387,190
4Cherokee Care, LLC$320,882
5CMSRX, Inc.$72,000
6VL Cherokee, LLC$30,668
7Cassady Rider PLC, D.D.S.$19,440
8Kennedy Chiropractic, P.C.$8,677
9Wendell F Stoelting PC, OD$6,009
10Ludvigson Chiropractic, PLLC$3,658
11Thomas M. Irwin DC, PC$3,252
12Pathways Centers for Emotional Well-Being, PLC$1,936
13Family Solutions Services, Inc.$1,060
14Tiffany Christensen Chiropractic, P.C.$941
15Robert J. Feser$819
16Early Chiropractic & Wellness, LLC$473

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